Form 4: RGC Resources Director McClanahan Acquires Shares Under Restricted Stock Plan

Director Elizabeth A. McClanahan acquired shares of RGC Resources Inc. common stock through the company's Restricted Stock Plan for Outside Directors.

Summary

• On May 1, 2025, Elizabeth A. McClanahan, a director of RGC Resources Inc., acquired 91.311 shares of common stock at a price of $21.1 per share.
• The acquisition was made under the Restricted Stock Plan for Outside Directors of RGC Resources, Inc.
• Following the transaction, McClanahan beneficially owns 3,632.592 shares, including 34.486 restricted stock shares purchased through reinvested dividends.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction under a pre-existing plan, indicating standard compensation practices.

Positives

• The acquisition of shares by a director can be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it is a standard part of director compensation.

Key Dates

Keywords

RGC Resources, Director, Share Acquisition, Restricted Stock Plan, Beneficial Ownership, RGCO, Form 4